Business Daily from THE HINDU group of publications Tuesday, June 30, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INDUSTRY & ECONOMY BUDGET: Corporate bond market may see flurry of activity post-Budget Govt thrust on infrastructure, tax sops to spur more issues. Mumbai, June 29 The lull in the corporate bond market seen in the first quarter of this fiscal is expected to change after ... MINERALS: Delay in iron ore lease holds up Tata Steel’s Orissa project ‘Brownfield expansion at Jamshedpur will be completed on time’. Mumbai, June 29 A delay in allotment of the iron ore lease is holding up Tata Steel’s six million-tonne project at ... FOREIGN DIRECT INVESTMENT: 74% FDI proposed for DTH, 24% in FM radio New Delhi, June 29 The Government is proposing to increase foreign direct investment in Direct-to-Home (DTH) to 74 per cent, and up to 24 per cent in FM ... TAXATION: Kelkar wants rail, construction, housing within GST ambit Inclusion of Rlys will level field for road, air transportation sectors. New Delhi, June 29 The rail sector should be brought within the ambit of the proposed Goods and Services Tax (GST) regime, the Thirteenth Finance Commission Chairman, Dr ... WATER: Chennai water supply, sewage disposal to be upgraded Rs 1,448-cr plan for flood prevention to be implemented. Chennai, June 29 The Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) will implement a Rs 2,032-crore scheme to upgrade water supply and sewage disposal in Chennai and ... BUDGET: Enhance spending on healthcare sector India has 16 per cent of the world’s population, 18 per cent of its mortality, 20 per cent of morbidity, yet the country’s healthcare expenditure is a miniscule one per cent of global expenditure. As one of the fastest ... EXPORTS & IMPORTS: ECGC sees claims rising to Rs 550 cr this fiscal To examine demands worth Rs 300 cr from gems and jewellery sector. Bangalore, June 29 The Export Credit Guarantee Corporation (ECGC) will examine claims worth Rs 300 crore from the gems and jewellery sector on account of payment defaults by ... RURAL DEVELOPMENT: They have bank accounts, but make little use of them RBI follows up on financial inclusion efforts. Madurai, June 29 A Reserve Bank of India (RBI) has recently done a survey to understand the banking behaviour of the financially included rural population in Madurai district and the banker’s ... INDUSTRY ASSOCIATIONS: New FKCCI president The Federation of Karnataka Chambers of Commerce & Industry has elected Mr J. Crasta as its President for 2009-10. Mr Crasta is the Managing Director of C.M. Systems Pvt Ltd, manufacturer of environment simulation production for Defence ... EDUCATION: Marine biotech centre A National Institute of Marine Biotechnology will be set up near Chennai, according to Mr K. Ganesan, Higher Education Secretary, Government of Tamil Nadu. The Department of Biotechnology had sanctioned last year the setting up of the institute ... TOURISM: Tourism promotion in Theni Theni district will be given a facelift for promotion of nature-friendly tourism, according to the District Collector, Mr P. Muthuveeran. The district has several unpolluted tourist attractions that include lakes, rivers, dense forests, besides ... REAL ESTATE & CONSTRUCTION: Savvy Infra to invest Rs 400 crore in green buildings in two years Ahmedabad, June 29 Betting big on the profitability of ‘green buildings’, promoter of Kensville Golf Club, Savvy Infrastructure Ltd is investing around Rs 400 crore in developing both commercial and residential projects over the ... TEXTILES: KSTC in recast mode; revival scheme for mills The Kerala State Textile Corporation (KSTC) has embarked on a revival scheme for the textile mills under its fold at a total outlay of Rs ... RURAL DEVELOPMENT: Spurred by sops, banks gear to train, guide rural youth Mumbai, June 29 “Give a man a fish and you feed him for a day. Teach him to fish and you feed him for ... ECONOMY: Economy to grow at 7%, if rains don’t fail: Tendulkar The economy will grow at 7 per cent if the monsoon does not fail. This is according to the Chairman of the Prime Minister’s Economic Advisory Council, Prof Suresh ... DISINVESTMENT: RINL union assails divestment move Visakhapatnam, June 29 The Visakha Steel Workers’ Union, the recognised union in Rashtriya Ispat Nigam Ltd (RINL), has condemned the move of the Union Government and the management to take up disinvestment in the steel plant and ... EDUCATION: Inspiring education That the Government has embarked on reforms in higher education so early in its term is indeed creditable. While the number of graduates, across castes communities and economic groups has undeniably gone up, there has also been an alarming ... COURTS/LEGAL ISSUES: TN Govt can’t go into issues governing tenders: HC Chennai, June 29 The Madras High Court has ruled that the TN Transparency in Tenders Act, 1998 (TTIT Act) could contain the courts for deciding disputes between various tenderers and the tender floating ... EDUCATION: IIM-A struggles to fill seats in programmes for executives Ahmedabad, June 29 The management development programmes (MDP) for executives at the Indian Institute of Management (Ahmedabad) are coping with low enrolments this year by increasing number of courses to 62 and introducing discount structures ... BUDGET: Make tax reforms the next stimulus package With the UPA back with a strong mandate, the expectations from the Budget have grown manifold. The Finance Minister has a tough task with a widening fiscal deficit and looming growth concerns, made worse by the gloomy weather ...
BUDGET:
Long-term savings require fiscal encouragement
BUDGET:
Allow global infrastructure funds Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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